Eliseo Cisneros's (ecisneros) Blog

For those who have been waiting on the sidelines to watch real estate values decline to the bottom, should reconsider buying now vs. waiting for values to go down more.  There are several reasons why one should really consider buying now besides low home prices and historical low interest rates. ...

Have you been thinking about buying a home but are waiting to see if real estate values go down some more? You haven't saved enough money or maybe your credit is not where you would like for it to be to qualify for the best rates, terms and conditions.  If you have thought about making a purchase...

Finally, it has passed! The new Economic Stimulus Package was passed by Congress last night at 10:47 PM.  The amount approved was $787 Billion of the American Taxpayer's money.  The package contains billions of dollars in infrastructure spending and help to states and the unemployed, and a tax cu...

Just a few months ago homeowners who needed to refinance their mortgage due to various reasons found themselves not being able to refinance because they owed more then what the property was worth.  Some continued their mortgage payments until they couldn't anymore and let the property foreclose....

If you had enough money to pay off your mortgage right now, would you? Many people would. In fact, the ‘American Dream' is to own your own home, and to own it outright, with no mortgage. If the American Dream is so wonderful, how can we explain the fact that thousands of financially successful pe...

A written blog to help consumers use credit cards wisely to establish and maintain good creditI hope all of you had a great Thanksgiving with your families. Now that Thanksgiving is over, all of you, including me, are getting ready for Christmas. Some of you started your Christmas shopping the da...

 You have just been pre-approved by your lender for a purchase price of $500,000.  Both you and your wife have worked hard through education and your career to prepare for the future. So now it is time to make a real estate investment. Many of your colleagues have purchased properties so you have...

I grew up in this beautiful coastal city that many people dislike. It is disliked due to a big gang problem that no other city in Ventura County has experienced. However, growing up in this city I call home, I have never witnessed a murder. I have witnessed drive bys, but I was in high school whe...

Applying for a mortgage loan can be one of the most stressful experience in one's financial endeavors. Besides qualifying for the loan, one must worry about knowing what loan product is the right one. One has to consult with loan officer how long they plan to stay in the property and so the loan ...

With today's cooling housing market and increasing interests rates, people want to refinance their home into a fixed rate by getting into a 30 year fixed. A lot of adjustable rate mortgages (ARM) are about to expire from the last refianace boon and they are questioning what loan product will bett...